Oregon Total Loss Claims

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New Total Loss Laws in Oregon

If we can get you a settlement of $1 more than the final offer from your insurance company, Oregon Law states that your appraisal costs may be reimbursed.

You have nothing to lose!

Unsatisfied with your insurance company’s offer on your loss? There may be a difference between what your insurance company is willing to pay you and the fair market value of your vehicle! You’re entitled to a fair settlement.

In an effort to urge Oregon residents and insurers about ‘new’ rights in the event that their car gets totaled in an accident, the state’s Department of Consumer and Business Services (DCBS) issued a reminder last week.

Taking effect earlier this month, House Bill 2190 permits car owners to obtain more information for the purpose of greater leverage whenever a settlement for a totaled car is in the middle of the negotiation.

Learn more about the new law HERE!

New rights when your car is totaled

When Chris’ older sports model BMW was totaled in a collision, he began a two-month long, bewildering process of trying to negotiate the amount he should receive from his insurer for the car. The first offer, which was supposed to be based on the fair market value of the car before the damage, seemed low to Chris.

In the end, his automobile insurance company paid about $1,000 more than originally offered. But the Beaverton resident said he spent that much on the appraisals that resulted in the final offer. “After all the time and money I spent, it was a wash,” he said.

House Bill 2190, which took effect Jan. 1, 2010, will help consumers like Chris by giving them more information and leverage when negotiating a settlement for their totaled cars. The Department of Consumer and Business Services’ Insurance Division brought the bill to legislators in the 2009 session based on the hundreds of calls and complaints it receives annually from consumers whose cars are totaled.

From The Oregon Department of Consumer & Business Services, The Insurance Division
January. 12, 2009

Customer Reviews

  • I settled the Diminished Value Claim. I traded my Jeep and got something else. The dealership gave me 23,000.00 for my 2007 Jeep towards a different vehicle, and State Farm gave me 4,000.00 for Diminished Value. Initially, State Farm only offered me $1,500 for Diminished Value. So I was happy... Read More

    Diminished Value - Jeep Claim

  • My car was involved in a terrible accident while parked on the street. Damage was substantial enough that insurance company totaled it and promptly offered a settlement. But I did not feel the settlement amount was adequate; given it was almost a classical Mercedes in an excellent condition. so I... Read More

    Diminished Value - Mercedes Claim

  • Thank you again for your enormous help and expertise. As you know, after my 2007 Volvo was involved in an accident earlier this fall, I was disappointed with the insurance company's "Diminished Value" they had assigned to the vehicle as a result of the accident. The amount of Diminished Value... Read More

    Dick Sullivan - Atlanta, Georgia

  • I just wanted to thank you so much for your help. Talking to you today has eased my mind. I will be referring your company to friends and family. Monica was wonderful as well. It's so nice doing business with such nice people. Read More

    Allison Teague, Atlanta, Georgia

  • My new Maserati was stolen and Amica Insurance Company only offered me $62,000. I called Autoloss and spoke with the owner, Terry Fisher. I was so impressed with Mr. Fisher I signed up on the spot. Within 1 month Autoloss had negotiated a new settlement of over $30,000 more then... Read More

    Kenny Clark - Atlanta, Georgia

  • After my brand new truck was recovered after being stolen, I was sent a $750 check from my insurance company for Diminished Value. At first I was excited... Then I researched Diminished Value and stumbled upon Autoloss. After reading numerous testimonials where people were rewarded thousands in damage, I decided... Read More

    Josh Mallard, NFL Defensive End - Denver, Colorado

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